short the vix

Get rich then get off the grid.

Blows my mind how many different ways to win there are in this game. You spend all day anguishing over what is the best stocks to own and how to position yourself - and you look to the left and right - there are people making just as much in totally different sectors, with

"There are two kinds of people in this world, right? Nonbelievers and believers. In other words, those who don't believe in God, and those who believe in God and InfoSpace. That's OK -- the nonbelievers will be converted when we become a trillion-dollar company." -- Naveen Jain,

That is because it took hundreds of millions of years of essentially biological AI natural selection and evolution to develop

turns out my best performing asset is *checks notes* my old CSGO skin inventory

An Exploration of Leveraged ETFs: Everybody knows that leveraged ETFs are bad products, but few realise how bad these products truly are. I look at the sources of underperformance (hint it's not just volatility decay) and how to capitalise on this underperformance. Link in bio

Old Partridge be like “It’s a bull market, you know”

People get hung up on the size of the federal government when it’s actually local government that has ballooned in size while often getting consistently worse at the delivery of basic services.

Took some HOOD puts. Its AUM is about $300~B and its market cap is $130b. If you want to bet that the economy slows down it’s the perfect play now that it is trading so close to its AUM SCHW’s AUM is $11.23T and its market cap is $176b

$ICE just cut a data and clearing partnership with Polymarket, the same on-chain prediction exchange everyone laughed off as “crypto gambling.” In “Own the Casino,” (link in comments) we said the winners wouldn’t be the bettors or the builders, they’d be the ones taking a cut

$ICE

$FOUR can I just say something

Margin Call is a fantasy about being a risk analyst whose analysis is taken seriously by bank management

Michael Fritzell (Asian Century Stocks) Yes, and no. There's plenty of academic research that shows that the signal value of insider transactions is zero; unless the data is scrubbed to remove forced / non-directed trades (e.g. ESOP awards, tax plan† sales etc). See this paper on SSRN: papers.ssrn.com/sol3/papers.cf…